AVP - Finance

Overview

Lead the preparation and review of regulatory reporting submissions to the Reserve Bank of India (RBI), manage the financial operations and a team, and manage financial audits and regulatory inspections as AVP Finance.

What you'll do

• Manage the preparation and presentation of accurate and timely financial statements and other accounting records in accordance with relevant accounting standards, rules and regulations.
• Support the identification, assessment and mitigation of financial risks, and report these financial risks to senior colleagues.
• Develop and maintain a robust system of internal controls to safeguard assets, ensure no fraudulent misreporting, and ensure accuracy of financial data, including regular assessment of control effectiveness and addressing weaknesses or gaps.
• Develop and implement up-to-date financial policies and procedures to ensure consistent and effective financial practices across the organisation.
• Manage the selection, implementation and maintenance of financial systems and software applications, including collaboration with IT colleagues to integrate them with other enterprise systems.
• Prepare and submit statutory and regulatory reports to authorities, and support other departments in preparing and reviewing regulatory reports.
• Coordinate with external auditors and regulatory authorities in support of audits and examinations.
• Lead the preparation and review of regulatory reporting submissions to the Reserve Bank of India (RBI) and lead the team.
• Ensure adherence to financial control standards, manage a team, and face off with auditors and regulators during inspections and reviews.
• Set objectives and coach employees, appraise performance relative to objectives, and determine reward outcomes.
• Advise and influence decision making, contribute to policy development, and take responsibility for operational effectiveness.

What you'll need

• Qualified Chartered Accountant with post-qualification experience with leading NBFCs.
• Good understanding of RBI regulations around BASEL III, Capital Adequacy norms, ALM norms and Treasury returns is a must.
• Experience in Non-Banking Finance Companies is a must.
• Well versed with Indian GAAP, IFRS and Ind AS accounting standards.
• Understanding of internal financial control requirements.
• Experienced in managing financial audits and regulatory inspections.
• Strong ownership and problem-solving mindset.
• Promote and develop the team with the right cultural mindset.
• Should be able to drive automation initiatives.
• Complete understanding of the Reserve Bank of India guidelines for NBFCs.

Nice to have

• Duly experienced in managing junior team members.
• Ability to prioritise multiple regulatory deliverables.
• Effective stakeholder management and ability to work in a demanding environment.
• Strong verbal and written communication skills.

Details

• Location: Mumbai, Nirlon Knowledge Park (IB), 9th floor.